Q4 2025 · 13F-HR
Orchard Capital Management, LLCholdings as filed
Filed 2026-02-12 · accession 0001104659-26-014079
$115.2M
Reported value
44
Positions
2025-12-31
Period end
The Brief · Orchard Capital Management, LLC · Q4 2025
AI · grounded in 13F
Orchard Capital Management, LLC closed its position in 89BIO INC ETNBGBP, reducing exposure by $3.0M. The fund established a new position in UNITED STATES ANTIMONY CORP UAMY valued at $1.5M. Other notable activity includes increasing its stake in FERROGLOBE PLC GSM by 40.76% and trimming its holding in GREENLIGHT CAPITAL RE LTD GLRE by 43.26%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $40.9M | 35.5% | 60,000 | Common | SOLE |
| 05969A105 | TBBK | BANCORP INC DEL | $7.2M | 6.22% | 106,079 | Common | SOLE |
| 443628102 | HBM | HUDBAY MINERALS INC | $5.7M | 4.92% | 285,674 | Common | SOLE |
| 35953C106 | FIP | FTAI INFRASTRUCTURE INC | $3.8M | 3.26% | 815,038 | Common | SOLE |
| 039653100 | ACA | ARCOSA INC | $3.6M | 3.15% | 34,150 | Common | SOLE |
| 05990K106 | BANC | BANC OF CALIFORNIA INC | $3.4M | 2.98% | 177,885 | Common | SOLE |
| 05465C100 | AX | AXOS FINANCIAL INC | $3.4M | 2.97% | 39,674 | Common | SOLE |
| 29357K103 | ENVA | ENOVA INTL INC | $3.4M | 2.94% | 21,552 | Common | SOLE |
| G33856108 | GSM | FERROGLOBE PLC | $3.2M | 2.75% | 681,745 | Common | SOLE |
| 76156B107 | RVLV | REVOLVE GROUP INC | $2.8M | 2.46% | 93,707 | Common | SOLE |
| 264147109 | DCO | DUCOMMUN INC DEL | $2.7M | 2.39% | 28,907 | Common | SOLE |
| 366505105 | GTX | GARRETT MOTION INC | $2.7M | 2.31% | 152,943 | Common | SOLE |
| 88642R109 | TDW | TIDEWATER INC NEW | $2.4M | 2.11% | 48,166 | Common | SOLE |
| 656811106 | NOA | NORTH AMERN CONSTR GROUP LTD | $2.2M | 1.93% | 155,101 | Common | SOLE |
| 89679E300 | TFIN | TRIUMPH FINANCIAL INC | $2.2M | 1.89% | 34,821 | Common | SOLE |
| 03937C105 | ARCB | ARCBEST CORP | $2.0M | 1.77% | 27,564 | Common | SOLE |
| 896522109 | TRN | TRINITY INDS INC | $2.0M | 1.77% | 77,244 | Common | SOLE |
| G4095J109 | GLRE | GREENLIGHT CAPITAL RE LTD | $2.0M | 1.76% | 138,927 | Common | SOLE |
| H00501108 | AEBI | AEBI SCHMIDT HLDG AG | $2.0M | 1.70% | 154,431 | Common | SOLE |
| 35243J101 | FBRT | FRANKLIN BSP RLTY TR INC | $1.6M | 1.41% | 161,719 | Common | SOLE |
| 65342T106 | NODK | NI HLDGS INC | $1.6M | 1.38% | 119,629 | Common | SOLE |
| 887399103 | MTUS | METALLUS INC | $1.6M | 1.37% | 92,092 | Common | SOLE |
| 911549103 | UAMY | UNITED STATES ANTIMONY CORP | $1.5M | 1.33% | 304,623 | Common | SOLE |
| 59100U108 | CASH | PATHWARD FINANCIAL INC | $1.5M | 1.29% | 20,901 | Common | SOLE |
| 153527106 | CENT | CENTRAL GARDEN & PET CO | $1.4M | 1.24% | 44,381 | Common | SOLE |
| 767292105 | RIOT | RIOT PLATFORMS INC | $1.3M | 1.10% | 99,701 | Common | SOLE |
| 226718104 | CRTO | CRITEO S A | $1.2M | 1.02% | 57,293 | Common | SOLE |
| 427746102 | HRTX | HERON THERAPEUTICS INC | $884,562 | 0.77% | 680,432 | Common | SOLE |
| 45826J105 | NTLA | INTELLIA THERAPEUTICS INC | $737,450 | 0.64% | 82,030 | Common | SOLE |
| 642045108 | AESI | ATLAS ENERGY SOLUTIONS INC | $699,426 | 0.61% | 74,249 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $601,993 | 0.52% | 1,606 | Common | SOLE |
| 002474104 | AZZ | AZZ INC | $418,216 | 0.36% | 3,902 | Common | SOLE |
| 645827205 | IDR | IDAHO STRATEGIC RESOURCES | $401,227 | 0.35% | 9,956 | Common | SOLE |
| 353514102 | FELE | FRANKLIN ELEC INC | $327,381 | 0.28% | 3,427 | Common | SOLE |
| 153527205 | CENTA | CENTRAL GARDEN & PET CO | $323,775 | 0.28% | 11,092 | Common | SOLE |
| 83418M103 | SEI | SOLARIS ENERGY INFRAS INC | $264,328 | 0.23% | 5,750 | Common | SOLE |
| 147528103 | CASY | CASEYS GEN STORES INC | $221,084 | 0.19% | 400 | Common | SOLE |
| 25401T603 | DBRG | DIGITALBRIDGE GROUP INC | $212,643 | 0.18% | 13,862 | Common | SOLE |
| 04247X102 | AWI | ARMSTRONG WORLD INDS INC NEW | $206,197 | 0.18% | 1,079 | Common | SOLE |
| 376549101 | LAND | GLADSTONE LD CORP | $180,209 | 0.16% | 19,695 | Common | SOLE |
| 23291C103 | BOOM | DMC GLOBAL INC | $141,507 | 0.12% | 21,152 | Common | SOLE |
| 876511106 | TGB | TASEKO MINES LTD | $102,214 | 0.09% | 18,059 | Common | SOLE |
| 00972D105 | AKBA | AKEBIA THERAPEUTICS INC | $86,151 | 0.07% | 53,510 | Common | SOLE |
| H8817H100 | RIG | TRANSOCEAN LTD | $42,064 | 0.04% | 10,185 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.